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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #83,061
  • May 21, 2008 9:10am May 21, 2008 9:10am
Quoting Piters
You can''t get enought even after 2 years on this thread just from personal experiance
I don't know how does it exacly work but recently I'm just here all the time I have... May be because I finally started to make some money instead of loosing them all the time

In fact I'm moving to the new place at the moment and already have been doing this for the last 3 days where it should take 1 day maximum really...
  • #83,062
  • May 21, 2008 9:11am May 21, 2008 9:11am
most probably what's going on...

Attached Image (click to enlarge)
Click to Enlarge Name: m30.gif Size: 25 KB
  • #83,063
  • May 21, 2008 9:12am May 21, 2008 9:12am


Quoting Piters
This threat is really: COLLECTIVE KNOWLEDGE

You can''t get enough even after 2 years on this thread just from personal experiance
  • #83,064
  • May 21, 2008 9:12am May 21, 2008 9:12am
Dumped the Shorts here @ 203.00, ping pong back North now I think. I'll leave my SL below 202.60 and let it go to TP above 204 or SL. The Z Stochs on 1hr are completely maxed out and have to turn up soon...I'm sticking with my double bottom theory Of course watch it drop now i've gone long
  • #83,065
  • May 21, 2008 9:14am May 21, 2008 9:14am
Quoting WarrenBuffet
back up your shout with "TA".

If it goes wrong, explain it with "TA".

I've done it... and works great
It is just the fact that I had to almost always explain it with TA rather to be happy that my TA was correct at the time...
  • #83,066
  • May 21, 2008 9:28am May 21, 2008 9:28am
Quoting lilmoe
most probably what's going on...

Attachment
If we break upper TL (trend line) then we go to DPP (Daily Pivot) and 0.618 FIBO.. but I can''t see any Buying power @ this moment..
  • #83,067
  • May 21, 2008 9:37am May 21, 2008 9:37am
I see 202.60 shortly. . .
Price is trading below intraday pivot at the moment and may take a dip below. . .
  • #83,068
  • May 21, 2008 9:38am May 21, 2008 9:38am
Keeping some shorts.... anyone else?
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,069
  • May 21, 2008 9:40am May 21, 2008 9:40am
Quoting quecee5
I see 202.60 shortly. . .
Price is trading below intraday pivot at the moment and may take a dip below. . .
  • #83,070
  • May 21, 2008 9:44am May 21, 2008 9:44am
or scalping?? what if I am scalping long and it drops madly?
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,071
  • May 21, 2008 9:47am May 21, 2008 9:47am
Hi Q. How you doing bro
  • #83,072
  • May 21, 2008 9:48am May 21, 2008 9:48am
Looks like bears gunning to regain control to the downside, looks like only a matter of time before price trades back below 203. . .
  • #83,073
  • May 21, 2008 9:49am May 21, 2008 9:49am
Quoting vinesh2
Hi Q. How you doing bro
Goood morning bro -
  • #83,074
  • May 21, 2008 9:51am May 21, 2008 9:51am
Quoting WarrenBuffet
Keeping some shorts.... anyone else?

pshhhhhh, u know it bro
  • #83,075
  • May 21, 2008 9:53am May 21, 2008 9:53am
If price closes below 202.85/90 area then 1st target is 202.60, 2nd target is 201.70 area. . .

Good luck in your trading today all. . .
  • #83,076
  • May 21, 2008 9:54am May 21, 2008 9:54am
Quoting lilmoe
pshhhhhh, u know it bro

187, 192, 198, 200, 202, 203, 204, 205


obliged to hold these crappy shorts and pay SWAP to FXCM... of coz I know it
I AM NOT AGAINST ANY RETARD. I AM JUST AGAINST ANY WRONG/LOSING TRADES.
  • #83,077
  • May 21, 2008 9:54am May 21, 2008 9:54am
Q are you taking price closing on 4hr of Daily?
  • #83,078
  • May 21, 2008 9:55am May 21, 2008 9:55am
Quoting vinesh2
Q are you taking price closing on 4hr of Daily?
1hr chart for now which closes in 4 min. . . Then 4hr in about 1hr. . .
  • #83,079
  • May 21, 2008 9:59am May 21, 2008 9:59am
Quoting vinesh2
Q are you taking price closing on 4hr of Daily?
Also, a daily close below this level would be very bearish for this pair. . .

Holding shorts right now but price may get OS soon and may need to go up a bit to work this out. . .
  • #83,080
  • May 21, 2008 10:01am May 21, 2008 10:01am
If 204.85 is W2 of 5., then we go down.. to bigest one. Wave 3.. possible extend to 1.618FE = 190.06766

Chart: http://www.doske.com/Charts/snapshot-129.png
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